The Rise of Smart Homes and Its Impact on Garage Door Sales

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2025-10-06 12:40:06 -

The global garage door market is poised for steady expansion through the end of the decade, according to new industry research. Valued at US$ 18.0 billion in 2022, the market is projected to grow at a CAGR of 5.0% from 2023 to 2031, reaching an estimated US$ 27.6 billion by 2031. This growth trajectory is supported by factors such as urbanization, increased construction activities, and the rise...

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